Next Master the Markets Foundation Course 1.5 days - Sept 14-15, 2009. Call Dolly 03 4252 4149 to register ! Bursa Malaysia (KLSE) :-) martin_tf_wong@hotmail.com: Jun 13, 2008

Friday, June 13, 2008

5:21 pm - KLCI closed rangebound !


Let's see how if DJIA fare tonite !

5:06 pm - Shanghai stock market indices broke below 3,000

From this early of the year at 5,500, it closes at 2979. That's a drop of 45% in the Shanghai stock market indices.




That's why it does not make sense to invest on China Unit Trust that goes 1 way. Having drop +45%, I think it wud take 5-7 years for the market to pick itself up and go back to the 5,500 range. Sad but true !


1:24 pm - Tradeguider has weakness & sell signal. Medium term trend is down !


Bye bye ! Kinsteel .


11:35 am - Transmile has a long range bar in one day and no follow thru !


Look back into its past one long range bar followed by selldown ! Get rid of this counter for good !


9:40 am - Pos Holding in Tradeguider Charts - Wow ! Another 18 L/C ! A Jewel !



Look at the strength for Pos Holdings. It has several strength in the backgrouond. The chart has double bottom.
Here is chart today ! Again get in quickly for a 18 L/C. Your stop at rm1.90

9:30 am - Bullish, Bearish consensus for 2nd half 2008 has poor response !

I hope some of you have voted for 2nd half of 2008 KLSE market outlook. If you have not, kindly vote for it. It is located on the left middle of the blog.

Do yourself a favour. Vote today and vote once !

Rgds,
-martin-

9:20 am - Tradeguider Demo this weekend 14 & 15 June in KL and how to find these fast speculative counter - MBSB

It is 18 L/C comes with huge volume. Get in fast before 10 am. Rating with 3.5 star. It did come up in Jupiter Securities Research today ! Get in fast ! Take the ask. Do not park.


Put your stop below rm1.40 if you are risk aversive or below rm 1.30 for a wider gap.
Here is a Tradeguider chart that shows strength in the background for MBSB. You can use the scanner to find these scan. Bill and myself will be presenting these method on this weekend Tradeguider preview. Call Dolly at 03 4252 4149 if you wish to attend this preview.


Hope to meet some of you there !

9:12 am - KLCI is certainly going to rangebound again i.e. moving sideway !